This opinion-based article by Myra Imran Rafiq discusses the rupee’s stabilization against the dollar. She highlights the measures (i.e supporting startups, diversified alliances, currency swap agreements, and the maintenance of political consensus) that can be taken by the state to ensure that the rupee doesn’t end up devaluing later.
Myra Imran Rafiq
Ms Myra Imran Rafiq is studying at the Lahore School of Economics (LSE). She has been working as a ghostwriter for a private company for the past 1.5 years.